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Jefferson: U.S. Economic Outlook and Housing Price Dynamics
Thank you, Mark, for the kind introduction, and good morning to all of you.1 I am happy to be here. Today, I will do three things. First, I'll share with you my current outlook for the US economy. Second, I'll discuss my thinking on the current stance of monetary policy. Third, I'll review the dynamics of housing prices which can feed into the persistence of inflation. My focus on housing price dynamic stems from the role housing plays in the American economy. For most families, a home is their largest-ever purchase and their most valuable asset. Capital markets professionals in real estate finance, like you, are ... (full story)
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Fed's Jefferson: Policy Rate is in Restrictive Territory
— DB News TradFi (@DBNewswire) May 20, 2024
Jefferson: April’s Better Inflation Reading is Encouraging
Jefferson: Long-Term Inflation Expectations Show Americans Believe Fed Will Make Good on 2% Inflation Goal